Let's Talk About Attorney Fees!
Since we opened in 1975, our attorney fee has always been 1/3 (33.3%) of the total recovery plus reimbursement of actual case expenses if we can resolve the case before filing a lawsuit.
We resolve over 80% of our cases without filing suit. If we must file suit, our attorney fee is 40% of the total recovery plus reimbursement of our actual case expenses.
Not only is legal ability of the lawyer important, but it is also important to hire a law firm with fair fees and expense reimbursement policies. Both can make a huge difference in your net bottom line when the case is over.
Many attorneys charge 40% plus claimed expenses before filing suit and charge 45% after suit is filed. Some attorneys even charge 50% if the case goes into appellate court. Our fee stays at 40% regardless of the amount of work it takes during litigation.
Many attorneys also have a practice of filing suit before they even try to resolve the case in prelit. That means that over 80% of our cases are resolved at 1/3 attorney fees while many other attorneys are charging 45% or more for the same recovery our firm could collect for you without filing suit.
For example, if your case settles for policy limits of $100,000, our fee will likely be $33,333 and the other attorneys’ fees will likely be $45,000. That is roughly a $12,000 difference to you or a 25% increase.
If the other lawyer tries to tell you he can recover more than we can, ask him about board certification and trial results. He may not have any real trial experience. That will probably end the conversation. You can always verify if the attorney is board certified by visiting the Texas Board of Legal Specialization website
Rocky and Team